News

Financial Due Diligence on behalf of Maven Capital Partners, on their Investment through The Scottish Loan Fund in Biofilm Limited, a company which develops and manufactures thin dissolvable films.

The Scottish Loan Fund (“SLF”), through Maven, has invested £750,000 of loan funds in BioFilm. The Company has previously raised significant investment from two private equity firms, Tate & Lyle Ventures LLP and Catapult Ltd, as well as investment from Scottish Enterprise through the Scottish Investment Bank. BioFilm was the subject of an MBO from Devro plc in 2007.

The Company focuses on the development and manufacture of thin dissolvable films that release active ingredients. Products can be classified as nutritional supplements, cosmetic, dental and medicinal. The funding from the SLF will allow the Company to increase its product range and develop an increased sales and marketing presence to accelerate the growth of the business.

Consilium Corporate Finance provided financial due diligence services led by David Holt and Linzi Wilson.

200 days until the start of Making Tax Digital. Consilium are ready, are you? Get in touch if you need advice on Ma… twitter.com/i/web/status/1…

ABOUT CONSILIUM

Every number tells a story. In its simplest form it speaks of profit & loss, debit & credit, red & black.. Accountants understand numbers but not every accountant takes the time to understand the stories those numbers tell. Here at Consilium, we take the time to listen and make sure the numbers tell the best story for you and your business.